PYMNTS

JANUARY 26, 2021

Nearly a year of trial-by-fire, pandemic-era learning within the payments business has not only provided some great lessons but has also set the stage for some major advances in 2021 that have been in the cards for years. To further enhance the RfP, TCH is also piloting a secure document repository for bills and invoices.

Real Time Payments

PYMNTS

MARCH 14, 2019

The movement to bring blockchain to cross-border payments proceeds apace. I think that it’s really interesting, everything that’s gone on in the payments space around DLT.”. We anticipate significant growth in transaction volume over the next 10 years, as a variety of innovative digital [payment] products are launched.

SWIFT

The Paypers

AUGUST 7, 2023

The Clearing House ’s RTP Network has announced the expanded availability of its Request for Payment (RfP) capability.

Request for Payment

Faster Payments Council

SEPTEMBER 23, 2023

The Fall Member Meeting will bring together FPC members for two days filled with presentations on the most pressing issues in faster payments, panel discussions with industry experts, roundtables on timely topics, and engaging networking opportunities. Foundry Ballroom) Payment networks need volume to scale and keep costs low.

FPC

PYMNTS

APRIL 2, 2019

When The Clearing House (TCH) unveiled the Real-Time Payments (RTP) system in 2017, it propelled swifter payments and brought about the next generation of fund transfers. It wasn’t the first to roll out such a system, but it was the first “major payments upgrade” in the U.S. RTP in the Bill Payments Realm.

Real Time Payments

PYMNTS

NOVEMBER 18, 2020

When consumers are offered the option of receiving instant payment, they tend to accept it gladly. Although PYMNTS/Ingo data found that fewer than 10 percent of consumers would rather receive checks than instant payments, checks are often the only option for corporate payouts, insurance disbursements or payroll payouts.

Instant Payments

Payment Savvy

MAY 16, 2023

Instant ACH transfers are a modern innovation in digital payments, allowing for near-real-time movement of funds between bank accounts. When users initiate an instant ACH transfer, their financial institution sends the transaction details to a payment processor. What Are Instant ACH Transfers?

ACH

PYMNTS

DECEMBER 11, 2017

Financial services firm FIS is linking customers of Fifth Third Bank to real-time payments, the companies said late last week. FIS will bridge Fifth Third into The Clearing House’s (TCH) Real-Time Payments (RTP) system to enable real-time transacting for customers. Christopher Ward, in a statement earlier this month.

Real Time Payments

PYMNTS

DECEMBER 6, 2017

PNC announced it is now live on The Clearing House’s real-time payments network RTP, according to a press release published on Tuesday (Dec. The financial institution (FI) has linked into RTP in the U.S. via Finastra ’s Fusion Payments, a payment services platform.

Real Time Payments

Finovate

OCTOBER 16, 2024

Federal Reserve’s instant payment service went live in July of 2023. Now, 15 months later, adoption rates have been unpredictably slow, especially when it comes to banks that are able to send FedNow payments. per RFP message, charged to the requestor. Challenges in accepting FedNow payments 1. FedNow, the U.S.

FedNow

FICO

AUGUST 26, 2021

It’s a question FICO’s fraud head honcho, TJ Horan, pondered back in 2016 , when the nascent real-time person-to-person (P2P) payments service Zelle was relaunched by a small consortium of banks (see below). As it happens, there’s a lot more happening in the real-time payments arena than just PayPal, Venmo and Zelle.

Real Time Payments

Bank Automation

MAY 15, 2025

Truists newest bill-pay solution taps The Clearing Houses (TCH) Real-Time Payments networks Request for Payment (RfP) tool. The economy is changing to a more real-time, a more instantaneous one, Chris Ward, head of enterprise payments at the $536 billion bank, told Bank Automation News.

TCH